Bahl & Gaynor Inc. Acquires Shares of 300 Graham Holdings (NYSE:GHC)

Bahl & Gaynor Inc. acquired a new position in shares of Graham Holdings (NYSE:GHC - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 300 shares of the company's stock, valued at approximately $262,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in shares of Graham by 10.1% during the third quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company's stock worth $17,361,000 after acquiring an additional 1,941 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of Graham by 8.6% during the 3rd quarter. Franklin Resources Inc. now owns 10,311 shares of the company's stock worth $8,344,000 after purchasing an additional 819 shares in the last quarter. Miracle Mile Advisors LLC purchased a new stake in shares of Graham during the 4th quarter worth about $437,000. Daiwa Securities Group Inc. increased its holdings in Graham by 558.3% in the third quarter. Daiwa Securities Group Inc. now owns 79 shares of the company's stock worth $65,000 after buying an additional 67 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new position in Graham during the fourth quarter valued at approximately $635,000. Hedge funds and other institutional investors own 93.16% of the company's stock.

Graham Stock Down 0.5 %

Shares of GHC traded down $4.67 during mid-day trading on Friday, hitting $938.43. 18,298 shares of the company's stock were exchanged, compared to its average volume of 16,707. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of 18.38 and a beta of 1.12. Graham Holdings has a twelve month low of $683.00 and a twelve month high of $993.49. The firm has a fifty day moving average of $920.92 and a two-hundred day moving average of $872.42. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18.

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Graham Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be issued a dividend of $1.80 per share. The ex-dividend date is Thursday, April 17th. This represents a $7.20 annualized dividend and a yield of 0.77%. Graham's dividend payout ratio (DPR) is presently 4.37%.

Insider Activity

In other Graham news, CAO Marcel A. Snyman sold 159 shares of the company's stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $881.30, for a total transaction of $140,126.70. Following the completion of the sale, the chief accounting officer now directly owns 442 shares in the company, valued at $389,534.60. This represents a 26.46 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 20.50% of the company's stock.

Graham Profile

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company in the United States and internationally. It provides test preparation services and materials; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global; operations support services for online courses and programs; training and test preparation services for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates colleges, business school, higher education institution, and an online learning institution.